The Department of Education is canceling $500 million in student loan debt for 18,000 former ITT Tech students defrauded by the now defunct for-profit college, another step the Biden administration is taking to address a backlog of more than 100,000 forgiveness claims left over from the Trump administration.
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Biden cancels $500 million in student debt for victims of for-profit school fraud
The Department of Education is canceling $500 million in student loan debt for 18,000 former ITT Tech students defrauded by the now defunct for-profit college, another step the Biden administration is taking to address a backlog of more than 100,000 forgiveness claims left over from the Trump administration.
